Sign Up for FREE Daily Energy News
Canadian Flag CDN NEWS  |  US Flag US NEWS  | TIMELY. FOCUSED. RELEVANT. FREE
  • Stay Connected
  • linkedin
  • twitter
  • facebook
  • youtube2
BREAKING NEWS:

Hazloc Heaters
Copper Tip Energy Services
Vista Projects
Hazloc Heaters
Copper Tip Energy
Vista Projects


One Pipeline Giant Offering to Stash the Oil Glut in Its Lines


English Español 简体中文 हिन्दी Português
These translations are done via Google Translate

By Rachel Adams-Heard

(Bloomberg) Energy Transfer LP is looking at ways to free up space on its pipelines to store more crude as the coronavirus lockdown leaves the world swimming in oil.The company has identified two pipelines in Texas that would provide about 2 million barrels of additional storage, according to a spokeswoman. Energy Transfer is in the process of asking the Texas Railroad Commission for permission to change the method of operation on these lines. Argus Media first reported the plans.

“After that it will be a matter of adding pumps, which we can easily achieve,” the spokeswoman said in an email. “We estimate we can be ready by mid-May.”

GLJ
GLJ



Share This:



More News Articles


GET ENERGYNOW’S DAILY EMAIL FOR FREE